Digital Courier's WeatherLabs Division Enters Booming Latin America Internet Space In Partnership With StarMedia Network.SAN FRANCISCO--(BUSINESS WIRE)--July 14, 1998--WeatherLabs Inc., a division of Digital Courier Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DCTI DCTI Consonus Technologies (Cary, NC; stock symbol) DCTI Digital Courier Technologies Inc. DCTI Datacentre Technologies and Infrastructure (UK) ; formerly DataMark Holding, Inc.) announced today its expansion into the booming Latin American Internet marketplace See vertical portal and Web hub. through a weather content license agreement with StarMedia Network, Inc., Latin America's leading online network. StarMedia is the only in-language, multi-channel online network with pan-regional distribution and has strategic partnerships with major Internet and media companies such as Excite, Inc. (NASDAQ:XCIT) and Netscape Communications, Corp. (NASDAQ:NSCP NSCP National Schistosomiasis Control Program NSCP National Space Communications Program NSCP Native (Mode) Service Control Point (Tandem) ), CBS (Cell Broadcast Service) See cell broadcast. TeleNoticias, Fox Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and USA Networks. "We're thrilled to have the opportunity to further WeatherLabs' international expansion by partnering with a world class company such as StarMedia, and to provide very detailed weather for the exploding Latin American online marketplace," stated Brendan Lane Larson, President of WeatherLabs. "WeatherLabs' original online weather content hasbeen translated by StarMedia into the Spanish and Portuguese languages, and is accessible through StarMedia Tiempo and StarMedia Tempo buttons respectively, located throughout the StarMedia Network." "StarMedia chose WeatherLabs to be its premier weather provider because WeatherLabs is the only weather company with technology capable of delivering useful and accurate weather information online for over 1,000 locations throughout Latin America," said Fernando Espuelas Fernando Espuelas (b. August 6 1966 in Montevideo, Uruguay) is a Latino entrepreneur and the founder of StarMedia Network, the first pan-Latin Internet portal in 1996 and the first IPO for a Latin Internet company in 1999. In 2002, Espuelas founded VOY, L.L.C. , chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of StarMedia Network. "Ten million Latin American Internet users will now be able to routinely find local, continually updated weather information online at StarMedia." With today's announcement, WeatherLabs continues to quickly tap into exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. rates of online content business opportunities outside of the United States, particularly in Europe, Asia and Latin America. As part of its agreement with StarMedia, WeatherLabs will share advertising revenue from space sold on StarMedia's weather content areas. Digital Courier Technologies Inc. (www.dcourier.com), supplies businesses and major web portals with online content and commerce products based on a powerful matrix of server-side Java software components. The company's current content offerings include: WeatherLabs, the premiere online weather information service (www.weatherlabs.com), VideosNow (www.videosnow.com), BooksNow (www.booksnow.com), and WorldNow (www.worldnow.com). The company has also launched netClearing, an electronic commerce service for Internet payment processing, clearing, and settlement. StarMedia Network, Inc. StarMedia Network, Inc. is Latin America's No. 1 online network and the first pan-regional mover in the most rapidly growing Internet market in the world. StarMediaree in-language email service, the first in language, 24-hour online news service and the first search engine that supports country-by-country, regional or worldwide searches in both Spanish and Portuguese. StarMedia Network is promoted in Latin America through a series of 18-country, primetime television, print and online advertising campaigns. The company was founded in 1996 and is backed by Chase Capital Partners, Flatiron Partners Intel Corporation, Robertson Stephens and individual investors. The company has offices throughout Latin America, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , and Miami Florida.
CONTACT: WeatherLabs, Inc.
Deborah Todd, 415/243-9669
dtodd@weatherlabs.com
or
StarMedia Network Inc.
Anne Andiorio, 212/548-9624
anne@starmedia.net
or
PR 21 for StarMedia Network
Bennett Kleinberg, 212/352-3431
Bennett@pr21.com
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